The Massachusetts Department of Transportation released fare increase and service reduction proposals for the Massachusetts Bay Transportation Authority, aimed at closing a projected $161 million budget gap for Fiscal Year 2013.
GE Transportation completed its acquisition of software provider RMI from The Carlyle Group. The acquisition significantly expands GE Transportation's Software and Optimization Solutions business to serve railroad customers worldwide. Terms of the deal were not disclosed.
Patriot Rail Corp. restructured its operations management team. The changes, effective January 1, 2012, were implemented to better focus management efforts among rail operations and marketing to customers.
Unitrac Railroad Materials has hired Tony Chambers as its Southeast regional sales manager.
The Federal Transit Administration has accepted the Honolulu rail transit project into Final Design, the final phase of the project's development before executing a Full Funding Grant Agreement with the FTA.
Skanska signed a design-build contract to construct a 16-kilometer (9.9-mile) extension of the Bay Area Rapid Transit system near San Francisco, Calif. Skanska is leading a joint venture with Shimmick Construction and Herzog Contracting Corporation.
Atlantic Track promoted Ricky Knox to the newly created position of Southeast regional manager. Knox has been with Atlantic Track since 2004 and has been in the railroad industry for more than 20 years.